Cement News tagged under: Ivano-Frankivskcement

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Ukraine: times of uncertainty

04 April 2022, Published under Cement News

Ukraine’s cement industry has been seeing off anti-dumping imports from surrounding countries while encouraging a revival in domestic and export cement capacity. However, Russia’s military invasion in February 2022 has thrown the country into war with its neighbour. By Ukrcement Association, Ukraine, and ICR Research, UK. While Ukraine’s cement industry successfully addressed challenges in 2021, it faces a challenge of an entirely different magnitude in 2022 as Vladimir Putin order...

Ukraine moves to protect local cement industry

31 May 2019, Published under Cement News

This week UkrCemFor 2019 got underway in Kyiv to focus on developments in Ukraine's cement sector. While the domestic industry is well supported by the four multinational producers Eurocement, CRH, Dyckerhoff (Buzzi Unicem group) and HeidelbergCement as well as Ukraine's Ivano-Frankivskcement, it has been under great pressure from increasing imports. Imports into Ukraine have steadily increased. Belarus was the largest supplier of foreign cement into the country in 2018, accounting for 58...

Swiss CemIn West acquires 96.6% of Ivano-Frankivskcement

23 December 2014, Published under Cement News

Switzerland-based CemIn West SA has bought a 96.6 per cent in Ukraine’s Ivano-Frankivskcement, according to the target company. The majority holding was bought from Cyprus-based Permixo Ltd, Basmaren Enterprises Ltd and Prenters Engineering Ltd, which sold their respective stakes of 36.98%, 20.76% and 13.3% in the Yamnitsa-based entity. Ivano-Frankivskcement closed 2013 with a net profit of UAH130.3m (US$8.2m).

Ivano-Frankivskcement reports 2011 net profit, Ukraine

08 May 2012, Published under Cement News

Ukrainian cement producer Ivano-Frankivskcement achieved a net profit in 2011 of UAH6.039m (EUR0.58m), according to local press reports.  Net revenue increased by 23.73% or UAH168.194m to UAH876.974m over 2010. As at the end of 2011, the company's assets were valued at UAH923.404m. (Source: Ukrainian News)

Ivano-Frankivskcement 2011 results restated

07 May 2012, Published under Cement News

Ivano-Frankivskcement finished the full year of 2011 with a net profit of UAH6m, according to a report by Ukrainian News. In 2011, the enterprise increased its net revenue by 23.73% or UAH168m to UAH877m over 2010. As of the end of 2011, the company's assets were valued at UAH 923m. Total accounts receivable as of the end of the year were UAH 216m, its current liabilities UAH258m. According to the latest data, Ivano-Frankivskcement finished 2010 at a loss of UAH 0.8m, its net revenue was U...